Shalini Mohandiramge

• Leading teams of risk & regulatory specialists to deliver assurance & advisory services to major banking clients in Australia on prudential regulation (APRA) & controls
• Reviewing internal controls, regulatory reporting & regulatory compliance projects launched by banking & financial services clients (with special focus on Pillar 3 reporting, APS 112/113, APS 220 & 310)
• Providing assurance to major banks on risk & control solutions.

• Supervising the preparation of all regulatory reporting & taxation, external & internal audits & internal reporting of the finance function – managing a team of 4 people
• Identifying, measuring, monitoring and managing risk and controls for the finance function & implementing control procedures- conducting risk assessments, issue management for the finance function and escalation to group risk on issues
• Conducting regulatory and taxation impact assessments for the finance function for regulatory & tax law changes & ensuring processes and controls are up to date
• Preparation of projections, forecasts & variance analyses for various liquidity & risk ratios monitored by business – Capital Adequacy, Liquidity Coverage Ratio, Liquid Assets Ratio
• Working closely with risk & business teams to prepare projections for ICAAP (Internal Capital Adequacy Assessment Process) – preparation of Capital projections for stress scenarios while identifying & managing all risk factors of the bank
• Managing interactions with local & regional counterparts in Finance, Legal, Compliance, Business, Risk & numerous other teams & local regulator, tax authorities & rating firms
• Responsible for governance and compliance processes of Finance function.
• Project Management & Delivery:

· Migration of manual working files to automated system “KNIME” – March to May 2022 (slashing regulatory return preparation time by 50%)

· Streamlining & centralizing complex tax input data from various operational systems to one Financial data portal “DTAX” – August 2022 to January 2023 (slashing tax return preparation time by 70%)

• Single officer responsible for Product Control function of the bank
• Was instrumental in resolving long outstanding revenue issues and ensuring accurate front to back P&L flow for treasury business
• Identification of FX position & P&L exceptions on a daily basis, conducting rate reasonability reviews, systems maintenances for the Treasury function
• Securing “Sufficient Assurance” rating for all internal audit reviews
• Implementing & monitoring risk & control procedures in the product control function reporting to group risk office on issues.
• Project Management & Delivery:

Transition of taxation working files and returns to “Tax Series” – June to August 2021 (automating the tax working files preparation & approval process)

• Responsible for the preparation of all regulatory reporting of the department, internal reporting such as daily deposit & asset variances, trader limit monitoring, balance sheet movements - Secured “Sufficient Assurance” rating for all internal audit reviews conducted
• Handling and coordinating the external & internal audits & preparation of annual audited financials
• Assisting the financial controller in implementing risk and control procedures and managing the risk register for the finance function.

• Leading audit teams to carry out periodic reviews of financial reports, processes and documentation in line with regulatory requirements while ensuring sound risk management procedures are in place
• Managing the risk register of clients & providing advisory propositions for improvement of control & compliance environment